MSMEs
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NEWS
Elizabeth Wasunna-Ochwa: How financial institutions can strengthen MSMEs to grow their contribution to the economy
Kenya’s economic foundation unquestionably rests upon its Micro, Small, and Medium Enterprises (MSMEs). As indicated in Sessional Paper Number 5 of 2020 on Kenya Micro and Small Enterprises Policy, these enterprises contribute to 24 percent of Kenya’s GDP, encompass over 90 percent of private sector enterprises, and engage 93 percent of the total labour force in the economy. The MSMEs…
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NEWS
Vaspro celebrating MSMEs in Kenya with a special offer
Did you know that Micro-Small and Medium-sized Enterprises (MSMEs) make up over 90% of all firms and accounts, on average for 70% of total employment and 50% of gross domestic products? In other words, MSMEs sustain our development and economy globally. That is why the general assembly declared the 27th of June the Micro-small and medium-sized enterprises day (MSMEs Day).…
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